HOW TO: STOP LIVING PAYCHECK TO PAYCHECK
Yesss!! Payday has arrived. Time to get that new gadget you’ve had your eye on and maybe go out for a nice meal.
First things first. You have to pay your Rent or Morgage, and just realized your utilities are due as well. You still have things on that wish list you want as well, but looks like you will have to wait till next week to try again on those things you wished you could get today.
It can be difficult to live like this, but breaking the paycheck to paycheck cycle is possible. Here are some steps that may help you break that cycle.
1 – Pretend you earn less than you do
Easier said than done, but by simply “cutting” your paycheck you can be on your way to breaking the paycheck to paycheck cycle. Once you commit and start having money left in the bank at the end of every pay Period, you will begin to be better about your finances. You can begin putting some away whether it’s for that new Electronic or an upcoming vacation or even small repairs to home or vehicle. Just make sure to start small by setting aside 10% of your paycheck. Try setting up an automatic transfer to make it easier for you to handle and not miss a payment that is due on a curtain day. A Car title loan Anderson could help!
2 – Create a budget
Take advantage of a budge! Bring your lunch during the week and have one cheat day where you can Spurge and get you the meal you desire.
3 – Build an emergency fund
Medical bills piling up? Even if it’s small, it’s important to have some money aside for when emergencies happen. consider using Anderson Car title loans We help our customers get the cash they need every day. Let us help you in your time of need. Visit